Mortgage Lending: The Problem

Now that rules are in place (PDF) are in place, many of the lending abuses that caused the housing crisis are now illegal. However, many credit-worthy borrowers are not able to access responsible loans in today's unprecedented tight credit environment. There are three distinct issues:

Ensure that all credit-worthy borrowers can access responsible, affordable mortgages. Ensure that the future housing finance system serves all credit-worthy borrowers

Provide options for borrowers who continue to be experience foreclosures

CRL's work grows directly from our affiliation with Self-Help Credit Union, our founder and one of the nation's largest nonprofit community development lenders. For over 30 years, Self-Help has worked to create ownership and economic opportunity in underserved communities through responsible loans and financial services.